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Category Archives: SPWR

Market Awaits The “Bailout” Plan: SPX, Nasdaq, GS, FSLR, SPWR, ENER, TSL, STP, NKE

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market stayed pretty much flat, as the Congress continued to discuss with Secretary Paulson and Chairman Bernanke on the “bailout” plan.  It seems many traders/investors are staying on the sideline, watching the Congressional testimony over the plan, anticipating any new developments.  GS jumped $10, to $135, yesterday after [...]

Financials Falter While Commodities Attempt To Bounce: SPX, Nasdaq, GS, BAC, WM, WB, AAPL, LDK, STP, SPWR, CSIQ

from MyHappyTrading.com by HappyTrading The overall market was weak today, pressured by the financials once again.  This morning, JPM disclosed widening losses in it mortgage portfolio.  Both GS and BAC were down more than 6%  WB tumbled 12.14% while WM dropped 9.28%.  Gold fell under $810/ounce today, but, bounced back to about $815.  The mining stocks [...]

Wells Fargo To The Rescue! SPX, Nasdaq, WFC, GS, MA, JPM, MER, AMZN, BIDU, RIMM, EBAY, GOOG, SPWR

Despite the high CPI, the market rallied today, in a big way! Even though CPI came in higher than expected, the market chose to focus on the good news. Wells Fargo (WFC) reported strong quarterly results and raised its dividend. WFC shares jumped +32.76% and led the whole financial sector on a tremendous bounce! GS [...]

Market Gains On Late Rally! SPX, Nasdaq, DOW, ROH, SPWR, MA, WYNN, LVS

It was another volatile day on the market. The market started out the day well on the news of Dow Chemicals (DOW) buying competitor Rohm and Haas Co. (ROH) for $15 billion in cash, a 74% premium of ROH’s closing price yesterday. The market spent most of the day in the positive territory, but, took [...]

Techs Rally While Oil Slides: SPX, Nasdaq, LEH, GS, RIMM, ENER, SPWR, AMAT

The market was mixed today, with techs rallying higher. LEH reported a quarterly loss of nearly $3 billion, but, the news was already out last week. LEH shares rebounded +5.39% today, as there were no bad suprises. GS traded as high as $184.75 from Friday’s close of $178.29, and finished at $182.09. Oil started higher, [...]

$130 Oil? Just Got Higher! SPX, Nasdaq, USO, CEO, NOV, SOLF, FSLR, LDK, TSL, SPWR, CSIQ, STP

Yesterday, we were talking about $130 oil! Well, it just got higher today. We’ve also been looking at USO for the past couple of weekends in my weekly Sector Watch, and, we saw that it showed room to go higher. USO closed today at a new all-time high of $108.31, as crude closed at nearly [...]

Benign CPI Gives Market Modest Gains: SPX, Nasdaq, SPWR, CSIQ, STP, FSLR, TSL, YGE

Market cheered today as the CPI came in benign with a 0.2% rise. The market rallied up to the daily upper BB (see charts below). But, in the last 2 hours of trading, the market came back down and only ended with some modest gains. The energy sector was weak, as crude softened. We cashed [...]

Energy Stocks Jump, Waking Up Solar Plays! SPX, Nasdaq, HES, CSCO, PCP, APA, PBR, SPWR, FSLR, CSIQ, STP, JASO, TSL, LDK

Yesterday in my evening post, I said, “So, what now? Well, the market seemed to have successfully vented after Thursday’s big jump. Tomorrow’s market actions will be very important. If the market finds overall strength, it still has room to extend this rally. VIX bounced off $18 today (as I’ve noted the support for the [...]

Choppy Waves: SPX, Nasdaq, WM, POT, CF, MOS, MON, UPL, APA, DVN, SPWR, STP, ESLR, SOLF, FSLR, MA, V

The market was extremely choppy today, perhaps unnerved with the anticipation of the Fed minutes and then uncomforted after the Fed minutes had come out. But certain sectors still showed lots of strength: metals and miners, agriculture, and energy. The Dow was down 35.99 points; SPX fell 7 points; and Nasdaq lost 6.07 points. Here’s [...]

Taking A Breather: SPX, Nasdaq, MON, ICE, CLF, X, STP, FSLR, SPWR, LDK, YGE, RIMM

The market held its ground today, even though Bernanke was talking about the “R”-word. Solar stocks picked up the pace today as did metals. BIDU continued with its run and traded as high as $292 today! Oil jumped and oil services had another good day. The Dow was down 48.53 points; SPX slid 2.65 points; [...]